Crypto Sleuth Zachxbt has called on crypto wallet company Vultisig, who has repeatedly cut around $200,000 in revenues made up of Crypto, which was stolen from Bybit and washed by North Korea.
Thorchain founder John-Paul Thorbjornsen claimed that $200,000 in revenue was made through Swaps through multi-chain Crypto wallet company Vultisig. However, Zachxbt says, “a significant portion of that revenue is generated from the Buybit Hacks.”
He said, “DPRK has been doing BTC->BNB or Avax TC swaps via vultisig via size over the past few days.”
Read more: FBI confirms North Korean ‘Trader Traitor’ blames $1.5 billion Buybit Hack
Addressing Zachxbt’s analysis, Thorbjornsen told Protos:They are legal transactions. ”
“Anyone who can sign a transaction can broadcast on-chain and pay for inclusion. Ethereum and Bitcoin nodes are already accepting those transactions and earning fees.”
Zachxbt has helped track crypto exchange bibits by $1.4 billion worth of ether (ETH) stolen by North Korea-related hacking group Lazarus.
Today, BYBIT CEO Ben Zhou claimed that nearly 89% of the funds that were hacked remained trackable, with 7.59% dark and 3.54% frozen.
He said about 440,091 ETH, there is value around. $1.23 billionconverted to 12,836 BTC with 9,117 wallets, and hackers began obfuscating stolen funds using a crypto mixer.
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